Joint product

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A joint product is a product that results jointly with other products from processing a common input.[1]

Example[edit]

The processing of crude oil can result into the joint products kerosene, gasoline, jet fuel, and asphalt, as well as other petrochemical derivatives.

See also[edit]

References[edit]

  1. ^ Wouters, Mark; Selto, Frank H.; Hilton, Ronald W.; Maher, Michael W. (2012): Cost Management: Strategies for Business Decisions, International Edition, Berkshire (UK), p. 532.